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4 Apr 19
Urgent action is being demanded to tackle a growing debt crisis among poor countries, whose foreign debt payments soared by 85% between 2010 and 2018.
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30 May 17
Greece’s finance minister has said the country's creditors would have no excuses for failing to deliver the next round of bailout funding or clarity on debt relief for the heavily indebted country.
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17 May 17
How the small island territory of Puerto Rico found itself at the centre of the US’s biggest ever public bankruptcy process, and why this might not be enough to solve the island’s problems for good
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14 Mar 17
Poorer countries spent more on debt repayments in 2016 than at any time in the last decade, according to figures published by Jubilee Debt Campaign UK.
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10 Feb 17
The Nigerian government has taken control of West Africa’s most-used airline after the company began to buckle under the weight of its spiralling debts.
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6 Dec 16
Eurozone finance ministers have agreed on short-term debt relief measures for Greece, but remain divided on the country’s fiscal targets and the reforms needed to reach them.
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15 Nov 16
The International Monetary Fund has lifted a number of sanctions imposed on Zimbabwe for its unpaid arrears to the fund, although the cash-strapped country will still be unable to access new lending...
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9 Nov 16
Disgruntled Mozambique bondholders have formed a creditors' committee to prepare for an expected default and resist the government’s efforts to restructure its debt.
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7 Nov 16
Greek prime minister Alexis Tsipras has purged his government of leftist ministers resistant to the unpopular reforms demanded by the country’s creditors.
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24 Oct 16
Zimbabwe has cleared its $108m arrears with the International Monetary Fund after 15 years.
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11 Oct 16
Greece is set to receive €2.8bn ($3.1bn) from its European creditors after the country passed a number of required reforms relating to pensions, the energy sector and the privatisation of state...
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7 Oct 16
Asia remains the brightest spot in the world economy but must tread with caution as various risks threaten to throw it off course, the International Monetary Fund has said.
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6 Oct 16
The world’s “unprecedented” and “unsustainable” $152tn debt mountain must be urgently tackled before it triggers another, deeper global economic crisis, the International Monetary Fund has stressed.
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26 Sep 16
Greece’s creditors need to offer more substantial relief options to tackle the country’s €248bn ($279bn) debt mountain, the International Monetary Fund has said.
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22 Sep 16
The United Nations has warned of growing fears of a fresh sovereign debt crisis as poorer states that borrowed heavily in good economic times struggle to weather lower levels of growth.
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19 Sep 16
China could be heading toward a banking crisis as a huge credit binge puts the world’s second largest economy under pressure, a global financial watchdog has warned.
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13 Sep 16
Government spending in China rose 10.3% in August compared with the same period last year, according to the country’s ministry of finance.
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12 Sep 16
International Monetary Fund managing director Christine Lagarde has said Laos must maintain “the momentum of fiscal consolidation” to safeguard its transition to a lower-middle income country.
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31 Aug 16
The World Bank has approved a $15m technical assistance project to help Ghana improve its public financial management, it was announced yesterday.
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15 Aug 16
The International Monetary Fund has warned China to stem the unsustainable growth of indebtedness across its state-owned firms in its latest check up of the country’s economy, published on Friday.
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8 Jul 16
Zimbabwe is reported to be close to finalising a loan to help the country clear its arrears and secure a much-needed cash injection from the International Monetary Fund.
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22 Jun 16
The World Bank has approved $1.02bn worth of financing for Pakistan to support economic reforms and resilience in the country.
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13 Jun 16
China must act quickly to reduce its corporate debt mountain, driven mainly by state-owned enterprises (SOEs), the International Monetary Fund’s first deputy managing director has said.
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10 May 16
The commodity price slump is weighing heavily on Oman and the United Arab Emirates’ fiscal deficits, the International Monetary Fund has said.
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10 May 16
Greece has edged closer to unlocking the next tranche of much-needed bailout funds as eurozone finance ministers commit to look into how to ease the country’s debt burden.